AMCON seizes assets of investment firm owners over N4 billion debt

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The case of Geedee Zulu Investment Limited and its promoters have been interminable since the loan was purchased by AMCON....

) on Monday said it has taken over assets belonging to Frank and Lilian Okwudili over a staggering indebtedness of about N4 billion.

“The takeover, which has now been completed include property situate at No. 4 Ekulu Close, GRA Enugu, Enugu State and property Along Gborji Road, Aguluezechukwu in Anambra State.” AMCON, he said, tried everything possible to let the obligor see reasons but “noticed a deliberate disdain towards all previous engagements with the chief promoters of the enforced company.”

 

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